2566 County Road 123 Midland, TX 79706
- Land
- 18.23 lot acres
Current Use by Public Records
- Land
Property Details for 2566 County Road 123
- Lot size
- 18.23 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 18.233-acre property presents a unique investment opportunity in Midland, Texas. Located between W County Road 120 and W County Road 123, this mostly raw land boasts convenient access to Cotton Flat and I-20, offering significant potential for various development projects. The property features a caliche pad and access from W County Road 123 in the southeast corner. While some parcels of the original tract have been sold, dirt road access easements remain. The land is zoned ETJ (Extra Territorial Jurisdiction) within the City of Midland, with no known restrictions reported by the seller. Note that the property includes a mobile home and is situated in a mixed-use area allowing for residential, commercial, and industrial development. Utilities are available on-site and along County Road 123. It's important to be aware that the property lies within a floodplain and floodway. The western two parcels are separated from the main parcel by S County Road 1206. The asking price for this expansive tract is $800,000. The property's APN is R000205082, and it is owned by the Midland Community Development Corp. This is a prime opportunity for developers seeking a versatile location with excellent access to major transportation routes. Bring your offers!
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Midland
- State
- Texas
- Longitude
- -102.091
- Latitude
- 31.9489
